Can I Benefit From the Federal Repayment Assistance Plan?

The Government of Canada announced a new Repayment Assistance Plan for Canada Student Loans to begin in Fall 2009.  Under this plan:

• Borrowers in repayment will only be required to make affordable payments based on their income level.
• No payments will be required from borrowers with very low income.
• No borrower will have a repayment period exceeding 15 years.

For more information on the Repayment Assistance Plan, contact the National Student Loans Service Centre.